Thailand’s IT expenditure projected to exceed 25 billion USD in 2022
Thailand's IT spending is expected to grow 6.4 percent annually to 871 billion THB (about 25.85 billion USD) next year with strong growth in enterprise software thanks to continued hybrid work and remote services, according to global research firm Gartner.
Bangkok (VNA) – Thailand's IT spending isexpected to grow 6.4 percent annually to 871 billion THB (about 25.85 billionUSD) next year with strong growth in enterprise software thanks to continuedhybrid work and remote services, according to global research firm Gartner.
Enterprise software is projected to see the highest annual growthof 14.8 percent to 61.3 billion baht in 2022, followed by IT services anddevices, which are forecast to grow 9.8 percent and 9 percent to 85.4 billionand 220 billion, respectively.
Communication service is expected to see the lowest growthof 3.8 percent, but would maintain the largest IT spending segment in thecountry at 483 billion THB or about half of the total market.
In 2021, Thailand's overall IT expenditure is expected tohit 819 billion THB, up 7.4 percent year-on-year.
"Enterprises will increasingly build new technologiesand software, rather than buy and implement them, leading to overall slowerspending levels in 2022 compared to 2021," said John-David Lovelock,distinguished research vice-president at Gartner, as quoted by the BangkokPost./.
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(Photo: //www.bangkokpost.com/) 
